Everyone’s calling for new lows on #Bitcoin while $BTC is already up ~25% from the recent bottom… even with Middle East tensions and rising yields.
That’s not weakness. That’s relative strength. • BTC still holding key structure above $76K • ETFs continue attracting institutional flows & AUM keeps growing • BTC vs Gold RSI is sitting near historically bullish zones • No major black swan event like Luna/FTX exists rn Could we revisit support? Sure. But the market still looks far more positioned for eventual new highs than a complete collapse. Most people are still underestimating Bitcoin. Shared in collab via @coinexcreators program. #BTC #CoinEx
Everyone’s calling for new lows on #Bitcoin while $BTC is already up ~25% from the recent bottom… even with Middle East tensions and rising yields.
That’s not weakness. That’s relative strength.
• BTC still holding key structure above $76K
• ETFs continue attracting institutional flows & AUM keeps growing
• BTC vs Gold RSI is sitting near historically bullish zones
• No major black swan event like Luna/FTX exists rn
Could we revisit support? Sure.
But the market still looks far more positioned for eventual new highs than a complete collapse.
Most people are still underestimating Bitcoin.
Shared in collab via @coinexcreators program.
#BTC #CoinEx